E-commerce: Selling of products channeled through the system.
Job Scope: Bookkeeping, Accounts Payable/ Accounts Receivable, Reconciliation- Bank, A/P, A/R, Credit Card.
Client provides a framework where retailers and dealers register to find products of interest that they want to sell. The products are sourced to the sellers through syndication engine and are sold through various channels.
We received Bank and PayPal access from the client & QuickBooks Backup.
Work is limited to the entering of the bank and PayPal transactions from the statements.
For this Client, we worked on the QB 2010 Software.
We started with the Chart of accounts, and entering bank and PayPal entries in QB.
Efficient maintenance of the books has helped to generate the profit and loss account properly.
We have now started entering purchase bills in the Quick Book and tracking the wire payments.